A growing number of Korea’s food and beverage franchises have chosen Japan as the testbed for their overseas expansion, instead of China or North America, which had once been considered more favorable to foreign brands, according to industry officials, Monday.
A recent survey on Korea’s kimchi consumption has shown a shift in preference toward shop-bought kimchi rather than home-made kimchi. And 4 out of 10 households found that their children did not eat kimchi. According to the 2023 Kimchi Industry Survey Analysis Report by the Korea Agro-Fisheries & Food Trade Corp., 40.9 percent of the 3,183 households surveyed answered that their children do not consume kimchi. .
The Korea Agro-Fisheries & Food Trade Corp. on Thursday said it has been recognized by the US-based New York Festivals Advertising Awards for its environmental, social and governance efforts, marking the first time a Korean government agency has won in the ESG category. The Korea Agro-Fisheries & Food Trade Corp., also known as aT, is a government agency entrusted with promoting the trade, export and marketin.